September 27, 2001 |
General Motors Corp. plans to reduce its fourth-quarter industry sales forecast because this month's terrorist attacks deepened a slowdown in demand for cars and trucks. The largest auto maker will scale back its estimate of annualized U.S. sales an unspecified amount from about 16 million, chief economist Paul Ballew said. Industrywide sales of new cars and light trucks slowed as much as 37% after attacks on the World Trade Center and Pentagon, J.D. Power & Associates said.
September 4, 1998 |
The federal government has filed a class-action lawsuit against J. Crew Group Inc. and a subsidiary, alleging the retailer discriminates against men by refusing to hire them for certain jobs. The case, which alleges civil rights violations, was brought by the Equal Employment Opportunity Commission in U.S. District Court in New Haven. The complaint was filed on behalf of George Mandell, 49, of West Haven, Conn., and an as-yet-unidentified group of male job applicants.
March 21, 1993 |
It was a big moment for a junior executive with ambition. Debra Douglas, an employee of Hyundai's American auto sales subsidiary, was having dinner in Seoul with the company's Korean chairman. Throughout dinner, the chairman asked her only two questions: Did she wash her husband's hands and feet? Did she believe in the equality of men and women?
February 13, 1989 |
If there is any profession in which Asian-Americans seem to have made tremendous strides, it is engineering. Asian-Americans abound in such high-technology industries as aerospace, health care and electronics, leading many to label them as part of a "model minority." But talk to Asian-American engineers like Alice Lei and a story of frustration emerges.
July 1, 1991 |
Peter Fernandez was becoming frustrated that the car-leasing deal with the Japanese customer hadn't closed. It had been two weeks since he began playing the "getting-to-know-you" game that Japanese insist on before doing business: He was going to the customer's office, to dinner and drinks with him, even to his house. During that time not a word was mentioned about a lease.